What is the main reason to bitcoin moving up!!! - page 2.

nc50lc

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Quote from: MeaglesMind on July 21, 2018, 05:54:58 AM

Demand is exceeding supply for BTC, and almost all countries are willing to use this side to technology and avail its benefits.

Quote from: ?? on ??

Demand is very high for BTC right now compared to the supply, Almost all the countries are adapting to it, so it's natural for the price to increase.

Did you think that your reply that have the same context but written in a different way can pass as a non-copy-pasted reply?
Just look at it, you've just jumbled the words to make it "original".

The latter must be a bot, and there's a chance that first one is a bot too.
Reported ScadgersBTC

@OP That's just history repeating itself.
Believe me, I've seen that last October-December 2017 and at the other "pump schedules" or "hype seasons" of cryptocurrency.
News are the major price booster here, and you're pretty accurate there.
What matters is if those news are correct or just a Whale/P&D media toolkit.

abstractednerve

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Quote from: Candepoccus85 on July 21, 2018, 07:07:58 AM

It's because more investors are involving with the industry and planning to buy coins. As you know when the demand for buying goes up, the price for BTC also goes up because of its smart contracts and tools to value the price. So, rise in price really represent that the market is getting popular.

the potential cause of recent bitcoin increases. He noted the advantages of digital currency prices enjoyed before the time of political turmoil between large countries that are very influential on the world of crypto of the US and China, in addition they have a lot of new fiat money flow into bitcoin, and rising bitcoin prices are not being driven by people people who call for digital money, but those who buy bitcoin use fiat money.

Candepoccus85

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It's because more investors are involving with the industry and planning to buy coins. As you know when the demand for buying goes up, the price for BTC also goes up because of its smart contracts and tools to value the price. So, rise in price really represent that the market is getting popular.

MeaglesMind

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Demand is exceeding supply for BTC, and almost all countries are willing to use this side to technology and avail its benefits.

Actum

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Recently we have seen that different governments and companies are showing interests for bitcoin and so the demand of bitcoin has increased very much but the supply is limited which has made the price to rise so high. I think this the main reason for such increase.

BTCHeadstone

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As of late we have seen that distinctive governments and organizations are indicating interests for bitcoin thus the request of bitcoin has expanded in particular yet the supply is restricted which has made the price to ascend so high. I think this the fundamental purpose behind such increment.

Red-Apple

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it is because of the growing adoption and the money that has been coming in. the rise has always been inevitable we just had more sells so it couldn't show itself. as price broke the resistance the newbies started panic buying so price went up faster.

Quote from: hasib077 on July 18, 2018, 04:57:48 AM

Bitcoin price passes $7K bringing all 100 top coins up with it,

it is taking everything that is traded with bitcoin up with it.
for example if some shitcoin is worth 0.01BTC and bitcoin is $6000 then that shitcoin is worth $60 so when bitcoin goes to $7000 that shitcoin is worth $70 now but that shitcoin is still a shitcoin Cheesy

hasib077

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Bitcoin price passes $7K bringing all 100 top coins up with it, so my question is what is the main reason for moving it up last 1 days, Bitcoin is moving up, and it’s taking 99 of its best friends along for the ride. In the last 24 hours, every one of the top 100 coins by market cap was in the green, with 84 of them posting gains of over 5 percent. At the time of writing, Bitcoin was sitting at $7,310, up 14 percent in the last 7 days and up almost 10 percent in the last 24 hours,
I think this reasons may be the cause for going up...
Yesterday, Coinbase shared the news that U.S. regulators will open the door for the exchange to list tokens that are categorized as securities.
Last week, Coinbase announced it was exploring the addition of Cardano, Basic Attention Token, Stellar Lumens, Zcash and 0x.
And Asset manager BlackRock created a working group to examine blockchain and cryptocurrencies, though its CEO cautioned that he hasn’t observed “huge demand for cryptocurrencies.”
If you know any other reason to going up bitcoin, please mention it.

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